South Pacific currencies near 2-week high ahead of Greek talks today

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Source: Bloomberg
© Scanpix/AFP
The South Pacific currencies traded close to their highest levels in 2 weeks on speculation that Eurozone finance ministers will release bailout funds for Greece, thus boosting demand for riskier assets. The Aussie bought $1.0454 from $1.0461 on November 23, when it touched $1.0471, the highest since November 7.  The kiwi traded at 82.35 U.S. cents after touching 82.51, the strongest level since November 7. 
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Mon, 26 Nov 2012 11:28:11 GMT

BOJ still opposes to further monetary easing in Japan

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Mon, 26 Nov 2012 11:06:15 GMT

Euro falls ahead of European finance ministers' meeting today

The 17-nation currency weakened for the first time in 6 days versus the Japanese Yen ahead of European officials' meeting in Brussels to discuss aid for Greece. The Euro also fell against most of the major counterparts as European stocks tumbled, curtailing demand for the Euro bloc's assets. The Euro dropped 0.5% to 106.38 yen after rising to 107.14 yen,

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